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Singapore stocks open lower on Wednesday; STI down 0.4%

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SINGAPORE shares opened lower on Wednesday, dragged by weaker starts from index counters. Read more at The Business Times.

to 2.11 Singapore cents for its second quarter ended June 30, from 2.92 cents a year ago, the manager said on Wednesday.

Banking stocks were mixed in early trade. DBS advanced 0.1 per cent or S$0.02 to S$21.42, UOB declined 0.7 per cent or S$0.14 to S$20.56, while OCBC Bank held steady at S$9.21. Other active index counters include the Singapore Exchange, which fell 1.2 per cent or S$0.10 to S$8.34, and Wilmar International, which fell 0.7 per cent or S$0.03 to S$4.30., lifting the Dow even as the Nasdaq retreated from its record high the previous session. The Dow ended at 26,840.40, up 0.6 per cent. The S&P 500 added 0.2 per cent to 3,257.30, while the Nasdaq Composite Index shed 0.8 per cent to 10,680.36.

 

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